Common use of VACATION AND RETIREMENT Clause in Contracts

VACATION AND RETIREMENT. 15.01 All Full-time employees shall accumulate vacation pay and vacation leave at the following rate: Completion of 1 year of Full-time employment, vacation pay shall continue to accumulate at 4% and the employee shall be entitled to 2 weeks off. Completion of 5 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 5 years of service, vacation pay shall accumulate at 6%. An employee shall be entitled to 3 weeks off once he has completed 6 years of service. Completion of 10 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 10 years of service, vacation pay shall accumulate at 8%. An employee shall be entitled to 4 weeks off once he has completed 11 years of service. Completion of 20 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 20 years of service, vacation pay shall accumulate at 10%. An employee shall be entitled to 5 weeks off once he has completed 21 years of service. 15.02 Vacation pay for Part-time employees shall accumulate at the rate of 4% until they have completed six years of continuous service and six percent 6% thereafter. 15.03 Vacation pay shall be paid to full-time employees by direct deposit at the time the pay period is processed, in which the vacation days, to which the vacation pay relates, fall. With advance notice to payroll, an employee can ask for payout of accumulated Vacation Pay provided the Employee has taken the required by Law vacation time off in any calendar year. 15.04 Vacations shall be subject to approval by management and the operating requirements of the Company. Restrictions may be placed on the time of vacation, number of consecutive weeks and the number of employees off by job classification at the same time. Vacation period(s) shall be requested on a seniority basis. a) A list shall be posted in the work place the first Monday in November listing the name of each Employee and the length of vacation time available to them between February 1st and January 31st each year. A second list shall be posted at the same time showing the number of available spots each week in the fifty-two (52) week period for employees to book their vacation. Vacations shall be granted automatically by Seniority up to the number of available spots in any given week. Any vacation requests over and above the maximum number of available spots shall be confirmed fourteen (14) days in prior to the vacation request.

VACATION AND RETIREMENT. 15.01 All Full-time employees shall will accumulate vacation pay and vacation leave at the following rate: Completion of 1 year of Full-time employment, vacation pay shall will continue to accumulate at 4% and the employee shall will be entitled to 2 weeks off. Completion of 5 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 5 years of service, vacation pay shall will accumulate at 6%. An employee shall will be entitled to 3 weeks off once he has completed 6 years of service. Completion of 10 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 10 years of service, vacation pay shall will accumulate at 8%. An employee shall will be entitled to 4 weeks off once he has completed 11 years of service. Completion of 20 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 20 years of service, vacation pay shall will accumulate at 10%. An employee shall will be entitled to 5 weeks off once he has completed 21 years of service. 15.02 Vacation pay for Part-time employees shall will accumulate at the rate of 4% until they have completed six years of continuous service and six percent 6% thereafter. 15.03 Vacation pay shall will be paid to full-time employees by direct deposit at the time the pay period is processed, in which the vacation days, to which the vacation pay relates, fall. With advance notice to payroll, an employee can ask for payout of accumulated Vacation Pay provided the Employee has taken the required by Law vacation time off in any calendar year. 15.04 Vacations shall will be subject to approval by management and the operating requirements of the Company. Restrictions may be placed on the time of vacation, number of consecutive weeks and the number of employees off by job classification at the same time. Vacation period(s) shall will be requested on a seniority basis. a) A list shall will be posted in the work place the first Monday in November listing the name of each Employee and the length of vacation time available to them between February 1st and January 31st each year. A second list shall will be posted at the same time showing the number of available spots each week in the fifty-two (52) week period for employees to book their vacation. Vacations shall will be granted automatically by Seniority up to the number of available spots in any given week. Any vacation requests over and above the maximum number of available spots shall will be confirmed fourteen (14) days in prior to the vacation request.

VACATION AND RETIREMENT. 15.01 15 .01 All Full-time Fulltime employees shall accumulate vacation pay and vacation leave at the following rate: Completion of 1 year of Full-time employment, vacation pay shall continue to accumulate at 4% and the employee shall be entitled to 2 weeks offoff . Completion of 5 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 5 years of service, vacation pay shall accumulate at 6%% . An employee shall be entitled to 3 weeks off once he has completed 6 years of serviceservice . Completion of 10 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 10 years of service, vacation pay shall accumulate at 8%% . An employee shall be entitled to 4 weeks off once he has completed 11 years of serviceservice . Completion of 20 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 20 years of service, vacation pay shall accumulate at 10%% . An employee shall be entitled to 5 weeks off once he has completed 21 years of serviceservice . 15.02 15 .02 Vacation pay for Part-time employees shall accumulate at the rate of 4% until they have completed six years of continuous service and six percent 6% thereafterthereafter . 15.03 15 .03 Vacation pay shall be paid to full-time employees by direct deposit at the time the pay period is processed, in which the vacation days, to which the vacation pay relates, fallfall . With advance notice to payroll, an employee can ask for payout of accumulated Vacation Pay provided the Employee has taken the required by Law vacation time off in any calendar yearyear . 15.04 15 .04 Vacations shall be subject to approval by management and the operating requirements of the CompanyCompany . Restrictions may be placed on the time of vacation, number of consecutive weeks and the number of employees off by job classification at the same timetime . Vacation period(s) shall be requested on a seniority basisbasis . a) A list shall be posted in the work place the first Monday in November listing the name of each Employee and the length of vacation time available to them between February 1st and January 31st each yearyear . A second list shall be posted at the same time showing the number of available spots each week in the fifty-two (52) week period for employees to book their vacationvacation . Vacations shall be granted automatically by Seniority up to the number of available spots in any given weekweek . Any vacation requests over and above the maximum number of available spots shall be confirmed fourteen (14) days in prior to the vacation requestrequest . b) At the completion of the process, the list shall be 15 .05 Vacation week(s) shall begin at 00:00:01 Monday and end at 23:59:59 on a Sunday . Exceptions must be mutually agreed to in advance . An employee may take them as a single day or any group of multiple days as agreed to by the employee and the Company . 15 .06 An Employee who reaches age of 70, and who has given notice prior to December 31st to the Company and the Union that they do not wish to retire would continue working after age 70 would be required to have a license in good standing (article 5 .01), pass an annual medical physical administered by a Company physician at no cost to the Employee, and pass a skills competency test administered by a Company signing authority representing the Ministry of Transportation . As per the Company mandated “Compulsory Evaluation of Job Performance for ATU Maintenance Employees” policy .

VACATION AND RETIREMENT. 15.01 All Full-time employees shall will accumulate vacation pay and vacation leave at the following rate: Completion of 1 year of Full-time employment, employment vacation pay shall will continue to accumulate at 4% and the employee shall will be entitled to 2 weeks off. ; Completion of 5 years of Full-time employment, employment beginning with the first pay period in the month after an employee has completed 5 years of service, vacation pay shall will accumulate at 6%. An employee shall Employee will be entitled to 3 weeks off once he has completed 6 years of service. ; Completion of 10 years of Full-time employment, employment beginning with the first pay period in the month after an employee has completed 10 years of service, vacation pay shall will accumulate at 8%. An employee shall 8%.Employee will be entitled to 4 weeks off once he has completed 11 years of service. ; Completion of 20 years of Full-time employment, employment beginning with the first pay period in the month after an employee has completed 20 years of service, vacation pay shall will accumulate at 10%. An employee shall Employee will be entitled to 5 weeks off once he has completed 21 years of service. 15.02 Vacation pay for Part-time employees shall will accumulate at the rate of 4% until they have completed six years of continuous service and six percent 6% thereafter. 15.03 Vacation pay shall will be paid to full-time employees by direct deposit at the time the pay period is processed, in which the vacation days, to which the vacation pay relates, fall. With advance notice to payroll, an employee can ask for payout of accumulated Vacation Pay provided the Employee has taken the required by Law vacation time off in any calendar year. 15.04 Vacations shall will be subject to approval by management and the operating requirements of the Company. Restrictions may be placed on the time of vacation, number of consecutive weeks and the number of employees off by job classification at the same time. Vacation period(s) shall will be requested on a seniority basis. (a) A list shall will be posted in the work place the first Monday in November listing the name of each Employee and the length of vacation time available to them between February 1st and January 31st each year. A second list shall be posted at the same time showing the number of available spots each week in the fifty-two (52) week period for employees to book their vacation. Vacations shall be granted automatically by Seniority up to the number of available spots in any given week. Any vacation requests over and above the maximum number of available spots shall be confirmed fourteen (14) days in prior to the vacation request.of

VACATION AND RETIREMENT. 15.01 All Full-time Full‑time employees shall accumulate vacation pay and vacation leave at the following rate: Completion of 1 year of Full-time employment, vacation pay shall continue to accumulate at 4% and the employee shall be entitled to 2 weeks off. Completion of 5 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 5 years of service, vacation pay shall accumulate at 6%. An employee shall be entitled to 3 weeks off once he has completed 6 years of service. Completion of 10 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 10 years of service, vacation pay shall accumulate at 8%. An employee shall be entitled to 4 weeks off once he has completed 11 years of service. Completion of 20 years of Full-time employment, beginning with the first pay period in the month after an employee has completed 20 years of service, vacation pay shall accumulate at 10%. An employee shall be entitled to 5 weeks off once he has completed 21 years of service. 15.02 Vacation pay for Part-time employees shall accumulate at the rate of 4% until they have completed six years of continuous service and six percent 6% thereafter. 15.03 Vacation pay shall be paid to full-time employees by direct deposit at the time the pay period is processed, in which the vacation days, to which the vacation pay relates, fall. With advance notice to payroll, an employee can ask for payout of accumulated Vacation Pay provided the Employee has taken the required by Law vacation time off in any calendar year. 15.04 Vacations shall be subject to approval by management and the operating requirements of the Company. Restrictions may be placed on the time of vacation, number of consecutive weeks and the number of employees off by job classification at the same time. Vacation period(s) shall be requested on a seniority basis. a) A list shall be posted in the work place the first Monday in November listing the name of each Employee and the length of vacation time available to them between February 1st and January 31st each year. A second list shall be posted at the same time showing the number of available spots each week in the fifty-two (52) week period for employees to book their vacation. Vacations shall be granted automatically by Seniority up to the number of available spots in any given week. Any vacation requests over and above the maximum number of available spots shall be confirmed fourteen (14) days in prior to the vacation request.